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Residential and Commercial Roofing Material Market

ID: MRFR/CnM/29012-HCR
128 Pages
Priya Nagrale
October 2025

Residential and Commercial Roofing Material Market Research Report By Type (Membrane Roofing, Metal Roofing, Asphalt Shingles, Ceramic and Concrete Tiles, Green Roofing), By Material (Polyvinyl Chloride (PVC), Thermoplastic Polyolefin (TPO), Ethylene Propylene Diene Monomer (EPDM), Metal, Asphalt), By Application (Residential, Commercial, Industrial, Institutional), By Installation Type (New Construction, Re-roofing, Repair), By End Use (Private, Commercial, Government) and By Regional (North America, Europe, South America, Asia-Pacific, Mi... read more

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Residential and Commercial Roofing Material Market Summary

As per MRFR analysis, the Residential and Commercial Roofing Material Market was estimated at 112.51 USD Billion in 2024. The roofing material industry is projected to grow from 115.03 USD Billion in 2025 to 143.59 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 2.24 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Residential and Commercial Roofing Material Market is experiencing a shift towards sustainability and technological innovation.

  • Sustainability and eco-friendly materials are becoming increasingly prioritized in roofing solutions across North America.
  • Technological advancements are driving the adoption of innovative roofing solutions, particularly in the Asia-Pacific region.
  • Asphalt shingles remain the largest segment, while metal roofing is emerging as the fastest-growing segment in the market.
  • Rising demand for energy-efficient solutions and increased investment in construction activities are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 112.51 (USD Billion)
2035 Market Size 143.59 (USD Billion)
CAGR (2025 - 2035) 2.24%

Major Players

GAF (US), CertainTeed (US), Owens Corning (US), Tamko Building Products (US), IKO Industries (CA), Atlas Roofing Corporation (US), Sika AG (CH), Johns Manville (US), Firestone Building Products (US)

Residential and Commercial Roofing Material Market Trends

The Residential and Commercial Roofing Material Market is currently experiencing a dynamic evolution, driven by various factors including technological advancements, sustainability concerns, and changing consumer preferences. As the demand for energy-efficient and environmentally friendly solutions grows, manufacturers are increasingly focusing on innovative materials that not only enhance durability but also reduce environmental impact. This shift is evident in the rising popularity of materials such as metal, green roofs, and solar-integrated options, which align with the global push towards sustainability. Furthermore, the market is witnessing a surge in the adoption of smart roofing technologies, which offer enhanced functionality and efficiency, thereby appealing to both residential and commercial sectors. In addition to sustainability, the Residential and Commercial Roofing Material Market is influenced by economic factors and regulatory frameworks. As urbanization continues to expand, the need for robust roofing solutions becomes paramount. This trend is further supported by government initiatives aimed at promoting energy efficiency and reducing carbon footprints. Consequently, stakeholders in the roofing industry are adapting their strategies to meet these evolving demands, ensuring that they remain competitive in a rapidly changing landscape. Overall, the market appears poised for growth, with a focus on innovation and sustainability shaping its future trajectory.

Sustainability and Eco-Friendly Materials

The trend towards sustainability is reshaping the Residential and Commercial Roofing Material Market. Manufacturers are increasingly developing eco-friendly materials that minimize environmental impact, such as recycled products and green roofs. This shift reflects a broader societal commitment to reducing carbon footprints and promoting energy efficiency.

Technological Advancements in Roofing Solutions

Technological innovation is playing a crucial role in the evolution of roofing materials. Smart roofing technologies, including solar-integrated systems and energy-efficient coatings, are gaining traction. These advancements not only enhance the functionality of roofs but also contribute to long-term cost savings for consumers.

Urbanization and Infrastructure Development

The ongoing trend of urbanization is driving demand for durable roofing solutions in both residential and commercial sectors. As cities expand, the need for robust infrastructure becomes increasingly critical. This trend is supported by government initiatives aimed at improving building standards and promoting energy-efficient practices.

Residential and Commercial Roofing Material Market Drivers

Regulatory Standards and Building Codes

The implementation of stringent regulatory standards and building codes is a crucial driver in the Residential and Commercial Roofing Material Market. Governments are increasingly mandating the use of specific materials that meet safety, durability, and environmental standards. These regulations often require the adoption of advanced roofing technologies that comply with energy efficiency and sustainability criteria. As a result, manufacturers are compelled to innovate and adapt their product offerings to align with these evolving standards. The market is likely to witness a shift towards materials that not only fulfill regulatory requirements but also offer enhanced performance characteristics. This trend may lead to increased competition among manufacturers, driving further advancements in roofing technologies.

Rising Demand for Energy-Efficient Solutions

The increasing emphasis on energy efficiency is a pivotal driver in the Residential and Commercial Roofing Material Market. Homeowners and businesses are increasingly seeking roofing materials that enhance insulation and reduce energy consumption. According to recent data, energy-efficient roofing solutions can lower heating and cooling costs by up to 30%. This trend is further fueled by government incentives promoting energy-efficient upgrades, which are likely to encourage investments in advanced roofing technologies. As a result, manufacturers are innovating to provide materials that not only meet aesthetic demands but also contribute to sustainability goals. The growing awareness of climate change and its impacts is also pushing consumers towards energy-efficient roofing options, thereby shaping the market landscape.

Technological Innovations in Roofing Materials

Technological advancements are reshaping the Residential and Commercial Roofing Material Market, as new materials and installation techniques emerge. Innovations such as cool roofing, which reflects sunlight and reduces heat absorption, are gaining traction among consumers. Additionally, the development of lightweight and durable materials is likely to enhance installation efficiency and reduce labor costs. Data suggests that the adoption of advanced roofing technologies could lead to a reduction in maintenance costs by up to 20% over the lifespan of a roof. As manufacturers continue to invest in research and development, the market is expected to see a proliferation of innovative products that cater to diverse consumer needs, thereby driving overall market growth.

Increased Investment in Construction Activities

The ongoing surge in construction activities across residential and commercial sectors serves as a significant driver for the Residential and Commercial Roofing Material Market. With urbanization trends continuing to rise, there is a notable increase in the number of new buildings and infrastructure projects. Data indicates that construction spending has seen a steady increase, with projections suggesting a compound annual growth rate of around 5% over the next few years. This growth is likely to stimulate demand for various roofing materials, as builders and developers seek durable and cost-effective solutions. Additionally, renovations and upgrades of existing structures are contributing to the market's expansion, as property owners invest in modern roofing technologies to enhance property value and longevity.

Growing Awareness of Climate Change and Sustainability

The rising awareness of climate change and the need for sustainable practices is a significant driver in the Residential and Commercial Roofing Material Market. Consumers are increasingly prioritizing eco-friendly roofing options that minimize environmental impact. This shift is prompting manufacturers to develop sustainable materials, such as recycled and biodegradable roofing products. Data indicates that the market for sustainable roofing materials is projected to grow at a rate of approximately 7% annually. As more consumers demand transparency regarding the environmental footprint of their roofing choices, companies are likely to respond by offering products that align with sustainability goals. This trend not only influences purchasing decisions but also shapes the overall direction of the roofing material market.

Market Segment Insights

By Type: Asphalt Shingles (Largest) vs. Metal Roofing (Fastest-Growing)

In the Residential and Commercial Roofing Material Market, Asphalt Shingles holds the most significant market share due to their affordability, ease of installation, and wide availability. This traditional roofing material continues to be the preferred choice among homeowners and commercial buildings alike, reflecting its strong presence. Meanwhile, Metal Roofing has rapidly gained traction, appealing to both new constructions and renovations for its longevity, energy efficiency, and aesthetic versatility. As a result, Metal Roofing is recognized as the fastest-growing segment in this market, capturing the attention of environmentally conscious consumers. Growth trends for these roofing types are influenced by various factors, including energy efficiency standards and an increasing demand for sustainable building materials. The adoption of technology in the production of Metal Roofing has also enhanced its appeal, as innovations lead to improved durability and design options. Furthermore, government initiatives promoting green construction practices contribute to the rise of Metal Roofing, indicating that it will play a significant role in the residential and commercial sectors moving forward.

Asphalt Shingles (Dominant) vs. Green Roofing (Emerging)

Asphalt Shingles remain the dominant segment in the Residential and Commercial Roofing Material Market due to their cost-effectiveness and versatility in different climates. They are widely recognized for their easy installation and maintenance, appealing to a broad range of consumers. Conversely, Green Roofing is an emerging segment that incorporates vegetation into roofing structures, offering environmental benefits and energy savings. The growing urbanization and a shift towards sustainable living have driven increased interest in Green Roofing. This segment tends to attract eco-conscious owners who seek to reduce their carbon footprint. While Asphalt Shingles currently dominate the market, the rapid development and adoption of green technologies suggest a promising future for Green Roofing, positioning it as an innovative alternative within the industry.

By Material: Asphalt (Largest) vs. Metal (Fastest-Growing)

In the Residential and Commercial Roofing Material Market, the material segment exhibits a diverse distribution of shares, with Asphalt leading as the largest segment due to its cost-effectiveness and widespread availability. Following closely are Metal and Thermoplastic Polyolefin (TPO), which are gaining traction for their durability and eco-friendliness. Polyvinyl Chloride (PVC) and Ethylene Propylene Diene Monomer (EPDM) also hold notable shares, although they cater to specific user preferences and applications.

Metal (Dominant) vs. PVC (Emerging)

Metal roofing has emerged as a dominant player in the segment due to its longevity, energy efficiency, and architectural versatility, making it a preferred choice for both residential and commercial properties. Conversely, Polyvinyl Chloride (PVC) represents an emerging trend, praised for its lightweight, cost-efficiency, and excellent waterproofing capabilities. Its growing popularity is driven by sustainable building practices, as PVC is recyclable, appealing to environmentally conscious consumers. Both segments demonstrate unique characteristics that cater to varying preferences, ensuring competitive dynamics in the roofing material market.

By Application: Residential (Largest) vs. Commercial (Fastest-Growing)

In the Residential and Commercial Roofing Material Market, the distribution of market share among the application segments reveals Residential roofing materials as the largest segment, contributing significantly to overall market dynamics. This dominance is primarily due to the high demand for residential housing and renovation projects, where homeowners prioritize durable and aesthetically pleasing roofing options. Conversely, the Commercial segment, while smaller in comparison, is rapidly evolving and is expected to gain substantial market share due to increasing commercial developments and investments in infrastructure across various sectors. The growth trends within these segments provide insight into the evolving preferences of buyers. The Residential segment continues to thrive, bolstered by rising disposable incomes and increasing awareness of sustainable roofing solutions. On the other hand, the Commercial segment is experiencing the fastest growth, driven by the need for energy-efficient and environmentally friendly roofing options that comply with regulatory standards. The transition to green buildings and the expansion of e-commerce are also key factors propelling commercial roofing material demand.

Residential (Dominant) vs. Commercial (Emerging)

The Residential roofing market is characterized by its wide array of materials, including asphalt shingles, metal roofing, and tiles, appealing to homeowners looking for durability and aesthetic versatility. This segment holds a dominant position owing to its extensive adoption by individual homeowners and small-scale contractors. Features like energy efficiency, lifespan, and maintenance needs are crucial for decision-making. In contrast, the Commercial segment is emerging with a focus on large-scale applications involving flat roofs and innovative materials such as TPO and PVC. This segment is attracting attention due to its emphasis on sustainability and cost-effectiveness, catering to businesses that prioritize long-term operational savings and compliance with modern building codes.

By Installation Type: Re-roofing (Largest) vs. New Construction (Fastest-Growing)

In the Residential and Commercial Roofing Material Market, the installation types are evolving, with Re-roofing holding the largest share. It capitalizes on the need for maintenance and upgrades, driven by the aging infrastructure in many regions. New Construction, while gaining traction as an emerging segment, offers opportunities tied to demographic shifts and urban development projects, reflecting significant potential for growth. Repair services are also integral but do not dominate as much in market share.

Re-roofing (Dominant) vs. New Construction (Emerging)

Re-roofing is currently the dominant segment in the market, largely influenced by the necessity to replace old roofing materials and enhance building aesthetics and efficiency. It appeals to both homeowners and commercial property owners looking to invest in quality and durability. Conversely, New Construction is quickly emerging as a significant segment, propelled by increasing construction activities and a growing focus on sustainable building practices. Enhanced energy efficiency demands and innovative materials are setting a positive trend, positioning New Construction as a vital contributor to future market dynamics.

By End-Use: Private (Largest) vs. Commercial (Fastest-Growing)

In the Residential and Commercial Roofing Material Market, the market share distribution reveals that the Private segment holds the largest share, significantly propelled by the ongoing demand for residential roofing solutions. The demand is driven by factors such as rising real estate development, housing renovations, and increasing home ownership. On the other hand, the Commercial segment, while smaller in total market share, is experiencing rapid growth attributed to the expansion of commercial infrastructure and the growing emphasis on energy-efficient roofing solutions.

Private: Dominant vs. Commercial: Emerging

The Private segment is characterized by a strong demand for durable and aesthetically pleasing roofing materials, driven by homeowners prioritizing comfort and energy efficiency. This segment has capitalized on the trends towards sustainable living by introducing eco-friendly products. In contrast, the Commercial segment is emerging vigorously, influenced by the increasing construction of commercial buildings and the need for roofing systems that can withstand diverse environmental conditions. This segment is leaning towards innovative materials that promote energy savings and longevity, positioning itself to capture a larger market share in the coming years.

Get more detailed insights about Residential and Commercial Roofing Material Market

Regional Insights

North America : Market Leader in Roofing

North America is the largest market for residential and commercial roofing materials, holding approximately 40% of the global market share. Key growth drivers include a robust construction sector, increasing demand for energy-efficient roofing solutions, and stringent building codes promoting sustainable practices. The region's regulatory landscape, particularly in the U.S., supports innovation and quality standards, further enhancing market growth. The United States is the leading country in this region, with major players like GAF, Owens Corning, and CertainTeed dominating the market. Canada also contributes significantly, with companies like IKO Industries making a mark. The competitive landscape is characterized by a mix of established brands and emerging players, all vying for market share through innovation and sustainability initiatives.

Europe : Sustainable Roofing Innovations

Europe is witnessing a significant shift towards sustainable roofing materials, driven by stringent environmental regulations and a growing emphasis on energy efficiency. The region accounts for approximately 30% of The Residential and Commercial Roofing Material Market, with Germany and the UK being the largest contributors. Regulatory frameworks, such as the EU's Green Deal, are catalyzing the adoption of eco-friendly materials and technologies, enhancing market growth. Germany leads the European market, with a strong presence of key players like Sika AG and other local manufacturers. The UK follows closely, focusing on innovative roofing solutions that meet sustainability goals. The competitive landscape is marked by collaborations between manufacturers and construction firms, aiming to develop advanced roofing systems that align with environmental standards.

Asia-Pacific : Emerging Market Potential

The Asia-Pacific region is emerging as a significant player in the roofing materials market, driven by rapid urbanization, population growth, and increasing construction activities. This region holds approximately 25% of the global market share, with China and India being the largest markets. Government initiatives to improve infrastructure and housing are acting as catalysts for growth, alongside rising disposable incomes that boost demand for quality roofing solutions. China is the dominant country in this region, with a vast number of construction projects underway, while India is catching up with its expanding urban centers. The competitive landscape features both local and international players, including companies like Atlas Roofing Corporation, which are focusing on innovative and cost-effective roofing solutions to meet the growing demand.

Middle East and Africa : Growing Infrastructure Development

The Middle East and Africa region is experiencing growth in the roofing materials market, driven by increasing infrastructure development and urbanization. This region holds approximately 5% of the global market share, with the UAE and South Africa being the largest contributors. Government investments in infrastructure projects and housing developments are key drivers, alongside a rising demand for durable and energy-efficient roofing solutions. The UAE leads the market with significant construction activities, while South Africa is focusing on improving its housing sector. The competitive landscape includes both local manufacturers and international players, with companies like Firestone Building Products establishing a presence to cater to the growing demand for quality roofing materials.

Residential and Commercial Roofing Material Market Regional Image

Key Players and Competitive Insights

The Residential and Commercial Roofing Material Market is currently characterized by a dynamic competitive landscape, driven by factors such as increasing construction activities, a growing emphasis on sustainability, and technological advancements. Major players like GAF (US), CertainTeed (US), and Owens Corning (US) are strategically positioned to leverage these trends. GAF (US) focuses on innovation in roofing technologies, particularly in energy-efficient materials, while CertainTeed (US) emphasizes sustainability through its eco-friendly product lines. Owens Corning (US) is enhancing its market presence through strategic partnerships and acquisitions, which collectively shape a competitive environment that is increasingly focused on product differentiation and sustainability.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance efficiency and reduce costs. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for niche players to thrive, while larger companies consolidate their market share through strategic initiatives.

In August 2025, GAF (US) announced the launch of a new line of solar roofing products designed to integrate seamlessly with existing roofing systems. This strategic move not only positions GAF (US) at the forefront of the renewable energy trend but also addresses the growing consumer demand for sustainable building solutions. The introduction of solar roofing products is likely to enhance GAF's competitive edge in a market increasingly focused on energy efficiency.

In September 2025, CertainTeed (US) expanded its manufacturing capabilities by investing in a new facility dedicated to producing sustainable roofing materials. This investment underscores CertainTeed's commitment to sustainability and positions the company to meet the rising demand for eco-friendly products. By enhancing its production capacity, CertainTeed (US) is poised to capture a larger share of the market, particularly among environmentally conscious consumers.

In July 2025, Owens Corning (US) completed the acquisition of a regional roofing distributor, which is expected to strengthen its distribution network and improve market access. This acquisition reflects Owens Corning's strategy to enhance its operational efficiency and expand its footprint in key markets. By integrating this distributor, Owens Corning (US) can streamline its supply chain and better serve its customers, thereby reinforcing its competitive position.

As of October 2025, current competitive trends in the Residential and Commercial Roofing Material Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence in product development and customer engagement. Strategic alliances among key players are shaping the landscape, fostering innovation and collaboration. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability, as companies strive to meet the demands of a more discerning consumer base.

Key Companies in the Residential and Commercial Roofing Material Market market include

Industry Developments

  • Q3 2025: 2025 Roofing Materials Market: Green Innovation and Technological Breakthroughs Reshape Industry Landscape In August 2025, the roofing materials market saw the rapid rise of stone-coated metal tiles and photovoltaic (PV) integrated roofing systems, driven by new building codes and sustainability policies. These innovations are being widely adopted in both rural upgrades and commercial landmark renovations, with green materials projected to cover 70% of new buildings by 2025.[1]

Future Outlook

Residential and Commercial Roofing Material Market Future Outlook

The Residential and Commercial Roofing Material Market is projected to grow at a 2.24% CAGR from 2024 to 2035, driven by sustainability trends, technological advancements, and increasing construction activities.

New opportunities lie in:

  • Expansion into eco-friendly roofing materials for residential applications.
  • Development of smart roofing technologies integrating IoT for commercial buildings.
  • Partnerships with construction firms for bundled roofing solutions and services.

By 2035, the market is expected to achieve robust growth, reflecting evolving consumer preferences and technological innovations.

Market Segmentation

Residential and Commercial Roofing Material Market Type Outlook

  • Membrane Roofing
  • Metal Roofing
  • Asphalt Shingles
  • Ceramic and Concrete Tiles
  • Green Roofing

Residential and Commercial Roofing Material Market End-Use Outlook

  • Private
  • Commercial
  • Government

Residential and Commercial Roofing Material Market Material Outlook

  • Polyvinyl Chloride (PVC)
  • Thermoplastic Polyolefin (TPO)
  • Ethylene Propylene Diene Monomer (EPDM)
  • Metal
  • Asphalt

Residential and Commercial Roofing Material Market Application Outlook

  • Residential
  • Commercial
  • Industrial
  • Institutional

Residential and Commercial Roofing Material Market Installation Type Outlook

  • New Construction
  • Re-roofing
  • Repair

Report Scope

MARKET SIZE 2024112.51(USD Billion)
MARKET SIZE 2025115.03(USD Billion)
MARKET SIZE 2035143.59(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)2.24% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledMarket analysis in progress
Segments CoveredMarket segmentation analysis in progress
Key Market OpportunitiesAdoption of sustainable materials and technologies in the Residential and Commercial Roofing Material Market presents growth opportunities.
Key Market DynamicsRising demand for sustainable roofing materials drives innovation and competition in the Residential and Commercial Roofing Material Market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

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FAQs

What is the projected market valuation for the Residential and Commercial Roofing Material Market in 2035?

The projected market valuation for the Residential and Commercial Roofing Material Market in 2035 is 143.59 USD Billion.

What was the overall market valuation in 2024?

The overall market valuation for the Residential and Commercial Roofing Material Market was 112.51 USD Billion in 2024.

What is the expected CAGR for the market during the forecast period 2025 - 2035?

The expected CAGR for the Residential and Commercial Roofing Material Market during the forecast period 2025 - 2035 is 2.24%.

Which segment had the highest valuation in 2024, and what was its value?

In 2024, the Asphalt Shingles segment had the highest valuation at 40.0 USD Billion.

What are the projected values for Metal Roofing from 2025 to 2035?

The projected values for Metal Roofing are expected to range from 25.0 to 30.0 USD Billion by 2035.

Which key players dominate the Residential and Commercial Roofing Material Market?

Key players in the market include GAF, CertainTeed, Owens Corning, and Tamko Building Products.

What is the expected valuation for the Residential application segment in 2035?

The expected valuation for the Residential application segment is projected to be between 40.0 and 50.0 USD Billion in 2035.

How does the valuation of the Commercial end-use segment compare to the Residential segment in 2024?

In 2024, the Commercial end-use segment was valued at 30.0 to 40.0 USD Billion, which is lower than the Residential segment.

What is the projected value range for Green Roofing by 2035?

The projected value range for Green Roofing is expected to be between 12.51 and 19.59 USD Billion by 2035.

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